The SEC Goes Back to Court
A week after approving many spot bitcoin ETFs, the SEC faced Coinbase and Binance in court.
Week
Bitcoin at Risk of Snapping Historic Winning Streak, but ‘Perfect Storm’ Brews for a Strong 2024
Market participants expect interest rates to fall “aggressively” in the U.S., U.K. and Europe for the next couple of years, which is more beneficial for risky assets, OANDA’s Craig Erlam said in an interview with CoinDesk TV.
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing the previous peak of $330 million set in April.
Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K
Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.
Binance’s Future and Other Questions Post-Settlement
What sort of impact will Binance’s massive settlement have?
Crypto Funds Attract Largest Weekly Inflow in 2023 as Bitcoin ‘Short-Sellers Capitulate’: CoinShares
Ether funds enjoyed over $100 million of inflows in a four-week positive run, “marking a decisive turnaround in sentiment,” CoinShares said.
First Mover Americas: Avalanche and Near Lead Weekly Gains
The latest price moves in crypto markets in context for Nov. 17, 2023.
Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days
The SEC delaying a decision about spot BTC ETFs could leave the market without a catalyst until early January, K33 analysts said this week.
Crypto Fund Inflows of $293M Bring Yearly Total Above $1B: CoinShares
It’s not just bitcoin as ether-related funds saw their largest weekly inflow in more than a year.
Bitcoin Fund Holdings Hit All-Time High as Spot ETF Excitement Entices Crypto Investors
Digital asset funds surpassed $1 billion in net inflows this year, with money overwhelmingly flowing into BTC-focused investments, CoinShares reported.